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Suppose that there is a civil case against a defendant. The probability of the plaintiff winning is fixed at p = 0. 5. The damages
Suppose that there is a civil case against a defendant. The probability of the plaintiff winning is fixed at p = 0. 5. The damages are given by V(CP , CD) = 6 + 6 ln(CP + 1) ? 6 ln(CD + 1). Find the
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